Financial Specialist 13 (Financial Outreach Specialist)

State of Michigan; Lansing (MI); On-site; USD 60,000 - 80,000; Full time

Job summary

The State of Michigan is seeking a Financial Specialist to oversee the Michigan Transportation Fund. This role encompasses preparing financial statements, ensuring compliance with regulations, and conducting training for stakeholders. Candidates should have a bachelor's degree and significant experience in financial analysis.

Qualifications

• Bachelor's degree with relevant credits in accounting/finance.
• Four years of professional experience equivalent to a Financial Analyst.
• CPA certificate may substitute for experience.

Responsibilities

• Review and prepare MTF financial statements and reports.
• Conduct training sessions for internal and external stakeholders.
• Monitor compliance with PA 51 requirements for counties.

Skills

Financial analysis

Accounting

Compliance monitoring

Stakeholder engagement

Education

Bachelor's degree in any major with 12 semester credits in accounting, finance, or economics

Job description

This position functions as the specialist for the reconciliation, review, and preparation of the Michigan Transportation Fund (MTF) financial statements and accounting reports; monitoring and tracking of MTF receipts and allocations; reconciliating and preparing MTF year-year financial statements, and other related accounting adjustments. This position is responsible for the review of 83 Act 51 County Financial Reports for Michigan counties, ensuring all state monies distributed to them are in-compliance with PA 51 of 1951 requirements for counties as outlined in MCL 247.662 and other related sections. PA 51 of 1951 requires counties that receive Act 51 monies to provide detailed accounting data on how this funding was expended. This position reviews the Act 51 County Financial Reports for counties to certify that they have complied with Act 51 requirements. For county related activities and services, this position develops, updates, and conducts training sessions for internal and external Act 51 stakeholders through the development of guidelines, workshops, and presentation materials, serves as the liaison to address county Act 51 questions from various stakeholders, and monitors compliance to ensure state statutory requirements are adhered to. This position independently calculates the monthly Michigan Transportation Fund distributions to 614 counties, cities and villages ($2 billion annually) and the respective reconciliation of revenue collections and related data with the Accounting Service Center. This position is responsible for the development, validation, and promulgation of complex county related technical Act 51 information and data to counties, state agencies, legislature, County Road Association, CPA firms, and other related stakeholder groups.

The "Salary" listed above is a range that reflects the minimum rate through the maximum rate of the Financial Specialist 13 position.

For additional information, please see the links below:

• Financial Specialist 13 position description
• All about MDOT

For information on benefits, visit www.mi.gov/employeebenefits or www.mi.gov/orsstatedc.

The State of Michigan has been recognized as a leading U.S. employer by new graduates from 2021-2023 and a best large U.S. and state employer. Recognized on the international stage for fostering positive employee engagement, the State of Michigan is a past recipient of a North America Government Agency Employees Engagement Award.

Education

Possession of a bachelor's degree or higher in any major with at least 12 semester (18 term) credits in one or a combination of the following: accounting, finance, or economics.

Experience

Four years of professional experience equivalent to a Financial Analyst; including two years equivalent to a Financial Analyst P11, Accountant P11, or Auditor P11 or one year equivalent to a Financial Analyst 12, Accountant 12, or Auditor 12.

Possession of a Certificate in Public Accounting (CPA) may be substituted for one year of Financial Analyst P11 experience.

To be considered for this position you must:

• Possess a valid driver's license.
• Attach a detailed résumé and cover letter.
• If applicable, attach a copy of your official college transcripts and/or foreign degree evaluation with your application.Click here for the State of Michigan (SOM) definition of an Official College Transcript. Applicants who possess foreign degrees must have their academic credentials evaluated or converted into U.S.educational equivalents. Civil Service accepts evaluations from organizations listed on theNational Association of Credential Evaluation Services or theAssociation of International Credential Evaluators, Inc.
  
  

View the entire job specification at:

https://www.michigan.gov/mdcs/-/media/Project/Websites/mdcs/JOBSPECS/F/FinancialSpecialist.pdf

MDOT does not participate in E-Verify and does not sponsor visa applications.

All newly hired state employees are required to submit and pass a pre-employment drug test and physical (if applicable) prior to their actual appointment. Criminal and driving records will also be checked if applicable. Any position offer will be conditional until results of the drug test, physical, criminal background, and driving records indicate eligibility for employment.

The department reserves the right to close this posting prior to its original end date once a sufficient number of applications have been received.

Your application for any position does not guarantee that you will be contacted by the Department for further consideration. Only those applicants interviewed will be notified of the results.

The use of artificial intelligence (AI) software of any kind is prohibited in all areas of the selection process including, but not limited to, responses to application questions and responses to interview questions or exercises.

If you have questions related to this posting, please contact Jen Haddon at [e-mail].